The Central Bank of Nigeria (CBN) says it is working with
law enforcement agencies to arrest and prosecute the purveyors of a “fake”
statement on the validity of the old N500 and N1,000 notes.
The apex bank issued the threat in a statement jointly
signed by Edward Adamu, deputy governor, corporate services, and Osita
Nwanisobi, director of corporate communications, on Tuesday.
Recall that Aisha, wife of President Muhammadu Buhari,
shared a statement which claimed that President Muhammad Buhari has approved
the reissuance and release of old N500 and N1,000 notes as legal tender in the
country till May.
The statement was alleged to have been released by the CBN but the apex bank later described it as “fake news”.
The CBN insisted that President Muhammadu Buhari’s directive
on the old N200 notes still stands.
Buhari, in a televised nationwide address on February 16,
had directed the apex bank to recirculate the old N200 notes.
The old N200 is expected to circulate as legal tender till
April 10.
“The attention of the
Central Bank of Nigeria has been drawn to a FAKE PRESS RELEASE purported to
have emanated from the Bank to the effect that President Muhammad Buhari has
approved the reissuance and release of old N500 and N1000 notes as legal tender
in the country,” the statement reads.
“For the avoidance of doubt, the Central Bank of Nigeria reiterates
that in line with the directives of Mr. President, only N200 old notes are to
be reissued and to circulate concurrently with the new notes.
“Members of the public are therefore advised to ignore this
fake news.
“The Bank is working with the law enforcement agencies to
investigate, apprehend and prosecute the purveyors of this fake news. Please be
guided accordingly.”
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